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The NZX 50 dropped 54 points, or 0.4%, to close at 13,822 on Wednesday, moving from its highest level since September 7, reached a day earlier, and erasing gains from the previous two sessions, weighed down by declines in tech, utilities, and industrials. Traders continued to assess a warning from RBNZ Governor Anna Br
Global stocks advanced as positive signals from US-China talks supported risk appetite ahead of a meeting between Presidents Donald Trump and Xi Jinping later this week. US Treasury Secretary Scott Bessent described the preliminary discussions as “very successful,” with trade and AI among the issues discussed. Asian eq
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem